The Economics of Natural Resources and the Environment
Economics
A course by
Lincoln University
An analysis of economic concepts such as resource scarcity, market failure, sustainability, property rights and resource management, with an exploration of economic and government policy outcomes for natural resources and the environment.
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Explain interdependency between economic activity and the environment
Use concepts from Environmental and Ecological Economics to explain how economic activity depends on and influences the natural environment.
Apply decision-making tools in resource management
Use a range of decision-making tools to demonstrate how economic objectives can be balanced with other broad social objectives in managing natural resources.
Assess resource and environment changes in economic indicators
Demonstrate how changes in resource availability and environmental conditions can be incorporated into traditional measures of economic wellbeing and growth.
What You're Signing Up For
This course presents an in-depth analysis of how economic activity depends on and influences the natural environment. Topics include resource scarcity, market failures, sustainability issues, property rights, and the role of policies in managing natural resources and environmental outcomes. Students will use concepts from environmental and ecological economics, apply decision-making tools, and evaluate the effectiveness of natural resource management policies.
Course Content
- Economic concepts of resource scarcity
- Market failure in resource and environmental use
- Sustainability in resource economics
- Property rights and resource allocation
- Policy analysis in environmental and resource economics
- Economic value of environmental goods and services
- Valuation models for resources and environment
- Evaluation of natural resource and environmental management policies
What you need to know first
Pre-requisite: Economies and Markets (ECON-113)
A minimum of 60 credit points from any 200-level course
A minimum of 60 credit points from any 300-level course
What sort of industry will this job lead to
Economics
Environment
Public Policy
Future employment opportunities might be
Environmental Economist
Resource Policy Analyst
Consultant in Environmental Policy
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Our AI-powered Explorer is almost ready. Soon, you’ll be able to build a dynamic profile of your skills, goals, and strengths, and get a curated selection of courses just for you.
More details